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Facebook (FB) reports Q1 revenue of $1.06B (up from $731M a year ago) with monthly active users...
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Monday, April 23, 2012, 3:30 PM ETFacebook (FB) reports Q1 revenue of $1.06B (up from $731M a year ago) with monthly active users jumping to 901M (from 845M at Q4's end), according to its amended S-1. As for the Instagram acquisition, it paid $300M in cash and about 23M shares. Assuming $1B for a dollar amount, it means Facebook expects its stock to price at about $30 each.
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